Metropolitan market · Minnesota · June 2026 data

Faribault Real Estate Market

The Faribault, MN housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Faribault report in a click.

Median listing price
$423,090
▼ 0.4% YoY
Median $ / sq ft
$207
1,995 sq ft median
Median days on market
38
June 2026
Active listings
158
For sale now
New listings
88
June 2026
Listings with price cuts
16%
Share of active
Median sale price (closed)
$382,450
▲ 6.2% YoY · closed sales
Sale-to-list ratio
98.5%
Closed sales
Homes sold / month
68
Closed sales
Median listing price trend
$439K$426K$413K$400K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Faribault MN · trailing 8 quarters · source: public records and industry data.

The 10-year view
$447K$405K$362K$319K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Faribault MN · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
158
New this month
88
Pending
100
Price-reduced
24

As of June 2026, the median home listed in Faribault, MN asks $423,090 — down 0.4% from a year ago. Homes are taking a median of 38 days to go under contract, and 16% of the 158 active listings have taken a price cut, which points to a seller-leaning market. Figures cover the Faribault-Northfield, MN metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
47/100
#518 of 932 covered metros
12-month outlook
-0.5%
Flat · model output, not advice
Momentum
39
Value
51
Rental yield
19
Supply risk
41
Market heat
75

Faribault scores 47/100 on our composite Investor Score (#518 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 76% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 0.4% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Faribault ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,907/mo
−$217/mo vs today
At today's rate · 6.43%
$2,124/mo
National weekly average
If rates rise 1% · 7.43%
$2,350/mo
+$227/mo vs today

Principal & interest on the $423,090 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
101
▲ 8.6% vs 2024
1.5 per 1,000 residents
Net migration (2022–2023)
-210
▼ people, via tax-return records
net income flow −$12.0M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Faribault market FAQs

What is the median home price in Faribault?
As of June 2026, the median listing price in Faribault, MN is $423,090, down 0.4% year over year (source: public records and industry data). Figures cover the Faribault-Northfield, MN metro area.
How fast are homes selling in Faribault?
The median property in Faribault spends 38 days on the market, with 158 homes actively listed and 16% of them carrying a price cut — a seller-leaning market by pace.
Who are the top real estate agents in Faribault?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Faribault and the wider Minnesota market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Faribault-Northfield, MN metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.